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Automotive Industry News 7 January 2026 - 9 January 2026

Why Qualcomm stock moved: Volkswagen’s 2027 chip plan and Samsung 2nm talks

Why Qualcomm stock moved: Volkswagen’s 2027 chip plan and Samsung 2nm talks

NEW YORK, Jan 8, 2026, 21:19 (EST) — Markets closed for the day. Trading ended with all major indexes settled. Qualcomm shares closed Thursday 0.9% higher at $181.87 after Volkswagen announced it had signed a letter of intent naming Qualcomm as the main technology supplier for its next software platform. The stock fluctuated between $176.51 and $184.29 during the session. Reuters The Volkswagen partnership gives a clearer timeline for Qualcomm’s automotive plans, but revenue is still years off. Investors want chipmakers to ensure steady demand outside of smartphones. Auto projects typically have longer lifecycles once set up. The move to
9 January 2026
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Ford stock jumps nearly 5% on Piper Sandler upgrade as investors look past EV cuts

Ford stock jumps nearly 5% on Piper Sandler upgrade as investors look past EV cuts

New York, Jan 8, 2026, 18:45 EST — After-hours Ford Motor shares climbed almost 5% on Thursday following an upgrade from Piper Sandler. In after-hours trading, the stock was last seen up 4.8% at $14.40, after reaching $14.49 earlier in the session. MarketBeat The rally comes as investors adjust their expectations for Detroit automakers, anticipating a slower rollout of electric vehicles and a sharper focus on returning cash to shareholders. General Motors announced a $6 billion charge connected to scaling back some EV investments, marking the latest indication the industry is stepping back after the $7,500 federal EV tax credit
9 January 2026
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Qualcomm stock rises as Volkswagen lines up long-term Snapdragon infotainment deal

Qualcomm stock rises as Volkswagen lines up long-term Snapdragon infotainment deal

New York, Jan 8, 2026, 15:04 EST — Regular session QUALCOMM Incorporated shares rose 1.3% on Thursday after Volkswagen said it signed a letter of intent that could make the U.S. chip designer a core supplier for the carmaker’s next software platform. The stock was up at $182.54, after trading between $176.51 and $184.29, even as the Nasdaq-leaning QQQ fell 0.8% and the iShares Semiconductor ETF slid about 1.8%. The Volkswagen tie-up lands as Qualcomm tries to prove it can grow beyond smartphones, where demand still swings with handset launches and upgrade cycles. Auto “wins” can lock in business for
8 January 2026
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Ford stock jumps nearly 5% as Piper Sandler upgrades, 2028 “eyes-off” tech plan in focus

Ford stock jumps nearly 5% as Piper Sandler upgrades, 2028 “eyes-off” tech plan in focus

NEW YORK, Jan 8, 2026, 12:50 EST — Regular session Ford Motor (F.N) shares rose 4.7% to $14.39 by midday on Thursday after Piper Sandler upgraded the automaker to “overweight,” a call for the stock to outperform. The gain came as the broader S&P 500 was little changed. Reuters The upgrade lands as investors look for signs Detroit is finding profit again after a rough stretch for electric-vehicle bets and pricing. Ford this week reported a 6% rise in 2025 U.S. sales, leaning on hybrids and its compact Maverick pickup while electric-vehicle sales growth cooled. Reuters Ford has also put
8 January 2026
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Ford stock jumps after Piper Sandler upgrade as eyes-off driving plan comes into view

Ford stock jumps after Piper Sandler upgrade as eyes-off driving plan comes into view

New York, January 8, 2026, 10:18 EST — Regular session Ford stock was up about 4.5% at $14.36 in morning trade on Thursday after Piper Sandler upgraded the automaker and raised its price target. Shares have traded between $13.78 and $14.39 so far. Piper Sandler lifted Ford to “overweight” from “neutral” and raised its target to $16 from $11, saying the company’s electric-vehicle (EV) “capitulation” was a “welcome development” — “overweight” is its call for the shares to outperform. The call lands as Ford tries to show investors it can make money on EVs and paid software, not just on
8 January 2026
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EV Stocks Mixed in Premarket: Rivian Rises Despite Recall as Tesla, Lucid Slip

EV Stocks Mixed in Premarket: Rivian Rises Despite Recall as Tesla, Lucid Slip

New York, Jan 8, 2026, 06:14 EST — Premarket Rivian Automotive (RIVN.O) rose 2.8% to $20.06 in U.S. premarket trading on Thursday after regulators said the EV maker is recalling about 20,000 vehicles, while Lucid Group (LCID.O) fell 4.9% and Tesla (TSLA.O) slipped 0.4%. The recall covers 19,641 previously serviced R1S SUVs and R1T pickups over an improperly reassembled rear toe link, a suspension component; the agency said Rivian will replace the bolts free of charge and cited one crash with minor injuries, while the company produced 42,284 vehicles and delivered 42,247 in 2025. Reuters The mixed moves came with broader
8 January 2026
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Carvana stock rises after Vanguard stake filing as Jefferies flags December sales pickup

Carvana stock rises after Vanguard stake filing as Jefferies flags December sales pickup

New York, Jan 7, 2026, 19:55 ET — After-hours Carvana Co (CVNA) shares rose on Wednesday after a filing showed The Vanguard Group held an 11.86% stake in the online used-car retailer at the end of 2025. The stock closed up about 2.4% at $450.78 and was up around 0.1% at $451.26 in extended trading as of 7:54 p.m. ET. MarketBeat The disclosures land as investors keep looking for clean reads on demand and positioning in a stock that has swung hard with the tape. Carvana nearly doubled in 2025 and joined the S&P 500 in December, drawing steady index-fund
8 January 2026
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Synopsys stock rises after CES automotive push as AI trade returns to tech

Synopsys stock rises after CES automotive push as AI trade returns to tech

New York, January 7, 2026, 19:36 (EST) — After-hours Synopsys, Inc. shares rose in after-hours trading on Wednesday, tracking a renewed bid for AI-linked technology names and fresh attention on the chip-design software maker’s automotive pitch at CES. Synopsys was up 2.2% at $519.70, after trading between $506.13 and $521.43 during the session; rival Cadence Design Systems gained 1.8%. Synopsys on Tuesday laid out new automotive engineering tools and partnerships at CES 2026, including updates tied to sensor simulation and its “Virtualizer” developer kits — software packages that let engineers build and test code on virtual chips before the hardware
8 January 2026
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NIO stock ticks up as CATL battery-swap pact, millionth-vehicle milestone hit tape

NIO stock ticks up as CATL battery-swap pact, millionth-vehicle milestone hit tape

NEW YORK, Jan 7, 2026, 09:45 (EST) — Regular session NIO Inc shares were up 0.2% at $4.79 in early New York trading on Wednesday after battery maker CATL said it had signed a five-year cooperation agreement with the Chinese electric-vehicle maker. U.S.-listed peers XPeng and Li Auto were down, while Tesla slipped slightly. Gasgoo Auto News The pact puts attention back on battery swapping — replacing a drained battery with a charged one in minutes — a differentiator for NIO that also demands heavy spending. With China’s EV market still grinding through price pressure, investors are looking for clean
7 January 2026
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Ford stock rises before the bell as 2025 U.S. sales show hybrid strength

Ford stock rises before the bell as 2025 U.S. sales show hybrid strength

New York, January 7, 2026, 08:44 (ET) — Premarket Ford Motor shares were up about 2.3% at $13.80 in premarket trading on Wednesday. The move follows Ford’s latest U.S. sales update, which leaned heavily on hybrids and lower-priced trucks at a time when buyers have grown more price sensitive. Ford said 2025 U.S. sales rose 6% to 2,204,124 vehicles, and hybrid sales climbed nearly 22% to 228,072 as its compact Maverick pickup posted an 18% gain. “(Maverick sales) really had a big impact on how we addressed affordability in the market,” Andrew Frick said on a call. Reuters That matters
7 January 2026
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Mobileye stock jumps premarket after $900 million Mentee Robotics deal and new automaker win

Mobileye stock jumps premarket after $900 million Mentee Robotics deal and new automaker win

New York, January 7, 2026, 05:43 EST — Premarket Mobileye Global Inc (MBLY.O) shares rose about 5.9% to $12.18 in U.S. premarket trading on Wednesday. The driver-assistance technology maker disclosed it had agreed to buy humanoid robotics startup Mentee Robotics Ltd. for about $900 million. SEC The deal pushes Mobileye deeper into “embodied” or physical AI — systems that can perceive and act in the real world — as companies hunt for the next large market beyond software. Interest in humanoid robots has intensified as manufacturers look for flexible automation in warehouses and factories, and as rivals such as Tesla
7 January 2026
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Ford stock rises after 2025 U.S. sales jump 6% on hybrids; earnings and jobs report in focus

Ford stock rises after 2025 U.S. sales jump 6% on hybrids; earnings and jobs report in focus

New York, January 6, 2026, 21:46 (EST) — Market closed Ford Motor Co (NYSE: F) shares closed up 2.45% at $13.80 on Tuesday after the automaker reported its best annual U.S. sales since 2019, lifted by hybrid models and the lower-priced Maverick pickup. The stock traded between $13.32 and $13.86 and saw volume of about 84.4 million shares. StockAnalysis The sales snapshot matters now because it offers a clean read on demand heading into Ford’s fourth-quarter earnings and guidance, when investors will test whether higher volumes are translating into cash. It also points to a shift in sales mix —
7 January 2026
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:31 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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